Problem is - too many people into bitcoin are tech nerds, not financially aware.

Look at NASDAQ in 2000 to see what Bitcoin is about to do

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Originally Posted by Tota

How do I prosecute anyone who steals them from me or doesn't give me the amount they are worth during an exchange?

In terms of trading in bitcoins - the system is pretty much unable to be manipulated.

If you are referring to to/from $s ... then like any commodity, bitcoin is bought as sold at the whim of the buyer/seller.

narcissistic personality disorder : "Time Magazine called to say that I was PROBABLY going to be named “Man (Person) of the Year,” like last year, but I would have to agree to an interview and a major photo shoot. I said probably is no good and took a pass. Thanks anyway!" (Donald J. Trump - Twitter 24th November 2017).

How do I prosecute anyone who steals them from me or doesn't give me the amount they are worth during an exchange?
Is this fully protected under current law?

If you know who it is/where it is, it's still considered property/currency in most countries. You really don't need to worry about that, because exchanges money (see: Profit, reason to exist) is based on trust. If they screw people over, they go out of business.

That said... If someone STEALS it, as in... The place it was being held (not by you) is hacked, and stolen, that's... harder. You can try to sue the company that it was stolen from, but probably won't succeed. The people who stole it may get away with it... Or it might get tracked down. But there's little legal recourse.

You are out of your good mind if you think everyone agrees bitcoin is worth something

Sorry for grammar/vocab, sleepy af, not sure if I make any sense, I hope u get the point though.

And for certain currency to be accepted as one, how many people have to use it and accept it? Everyone like you said? Or 80% people? 20% people? Which people? USD is accepted as currency only where it is. If you had gone to some third world country ruled by tribes instead of government, I can assure you they won't accept USD. But hey, USD is currency after all!

Well, it turns out USD is not accepted everywhere. And so is BitCoin. BTC is cryptocurrency or digital-currency kinda by definition as well. You can exchange it for other currencies, buy more and more products and services with it. Everything that currency does, BTC does it too.

And just because some people, or most people, or even by far most people don't accept BTC as currency as of today, it doesn't mean BTC isn't one.

I used to sell sour gummy worms in grade school, there was an entire economy created around it as other people did too. The Red/Blue ones were always worth more (and that value changed from day to day). The money exchanged was used to buy more, and we also paid the lunch duty adults to allow us to do so as well, effectively a 'tax'. Not only that, but worms could be exchanged for other things too (snacks/desserts in peoples lunches, class supplies, etc)

This thread shows why crypto currenies are so hard to understand. We all talk about it but how many understand them?

‘I am NOTHING’: this parody of affirmation is the last word of sovereign subjectivity, freed from the dominion it wanted, or needed, to give itself over things…for I know that I am fundamentally this subjective and contentless existence.
- Georges Bataille

All right, gentlemen, let's review. The year is 2018 - that's two-zero-one-eight, as in the 21st Century - and I am sorry to say the world has become a pussy-whipped, Brady Bunch version of itself, run by a bunch of robed sissies.

Everyone who buys and sells it. The only ones who matter in determining its value.

Wrong again.

All right, gentlemen, let's review. The year is 2018 - that's two-zero-one-eight, as in the 21st Century - and I am sorry to say the world has become a pussy-whipped, Brady Bunch version of itself, run by a bunch of robed sissies.

Well, it's impossible to get through ignorance like this. So peace out I guess.

I wasn't trying to get through your ignorance with that.

All right, gentlemen, let's review. The year is 2018 - that's two-zero-one-eight, as in the 21st Century - and I am sorry to say the world has become a pussy-whipped, Brady Bunch version of itself, run by a bunch of robed sissies.